Cloud Mining is the process of cryptocurrency mining utilising a third party’s processing power. Like MASS, this type of mining enables users to mine cryptocurrencies without purchasing and managing the hardware. Mining rigs are housed and maintained in a data centre facility; the customer simply needs to register and purchase mining contracts or shares.
MASS Industrial Miner are releasing an equity token.
(MASS Token), providing access to our cloud mining platform. For each token held hashing power will be allocated each month. The user can select between Ethereum and Bitcoin.
MASS is launching an ICO to enable the procurement of ASIC mining equipment at wholesale prices. A Memorandum of Understanding has been signed for this equipment, with expedited delivery.
The MASS API will enable other mining operators to integration with our platform, enabling the token to become universally used for cloud mining across the world.
The MASS algorithm will change the hashing power to mitigate increases in block difficulty. Changes in the price per coin will factor too, in a bearish cryptocurrency market, i.e. coins depreciating, the algorithm will again increase the hashing power accordingly. For a bullish market, i.e. coin growth, this will not be factored in to our algorithm so token holders will receive a greater mining income. Ultimately this will safe guard token holders against negative variables in mining while ensuring that the positive variables are factored in to the mining package, providing greater remuneration.
Decide which crypto currencies you would like to mine and what denomination for your hashing power, you can simply click ‘initiate mining’.
This will prompt the user to access a compatible web3 java script plug-in, i.e. Metamask; the participant’s MASS Tokens will need to be stored in this wallet, or Metamask gives the user an option to import an account, e.g.
The hashing power entitlement for a token holder has been calculated so the user will receive between 5.25% and 9.2% per month against the value of MASS Token at the ICO ($1)
Whilst we will be mining a combination of cryptocurrencies, the market is largely determined by the price of bitcoin, the chart below depicts how fluctuation may yield a superior yield.
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Attention. There is a risk that unverified members are not actually members of the team
